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3451 Hammond Ave 155,000 SF Industrial Building Waterloo, IA 50702 $3,500,000 ($22.58/SF)
Investment Highlights
- MULTIPLE BACK-UP POWER GENERATION SYSTEMS
- ONSITE DATA CENTER OPERATIONS
- FITNESS CENTER AND LOCKER ROOMS
- ONSITE CAFETERIA FOR STAFF
- EXISTING OFFICE FLOOR PLAN
- POTENTIAL FOR REDEVELOPMENT OF EXCESS LAND
Executive Summary
Property Facts
| Price | $3,500,000 | Lot Size | 15.74 AC |
| Price Per SF | $22.58 | Rentable Building Area | 155,000 SF |
| Sale Type | Owner User | No. Stories | 2 |
| Sale Condition | Lease Option | Year Built | 1980 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Telecom Facility | Parking Ratio | 5.79/1,000 SF |
| Building Class | B | ||
| Zoning | R-4 | ||
| Price | $3,500,000 |
| Price Per SF | $22.58 |
| Sale Type | Owner User |
| Sale Condition | Lease Option |
| Property Type | Industrial |
| Property Subtype | Telecom Facility |
| Building Class | B |
| Lot Size | 15.74 AC |
| Rentable Building Area | 155,000 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Ratio | 5.79/1,000 SF |
| Zoning | R-4 |
Amenities
- Backup Power / Generators
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
The property at 3415 Hammond Avenue in Waterloo, Iowa, offers a rare opportunity to acquire or reposition a 155,000 SF former Class A corporate office facility situated on 18.58 acres within the stable and economically diverse Waterloo–Cedar Valley market. Currently underutilized, this two-story campus provides significant flexibility for a wide range of end users, including corporate office occupiers, educational institutions, or residential developers seeking large scale conversion opportunities. The site benefits from immediate proximity to the San Marnan retail corridor and the transformative The BLVD at Crossroads redevelopment (formerly Crossroads Mall site), positioning future owners to leverage robust regional amenities, including retail, dining, entertainment, and civic offerings, along with excellent connectivity to Highway 20 and Interstate 380 for efficient movement of employees and visitors.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 3451 | 155,000 SF | Office | - | Now |
1st Fl-Ste 3451
| Size |
| 155,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 3451
| Size | 155,000 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
The property at 3415 Hammond Avenue in Waterloo, Iowa, offers a rare opportunity to acquire or reposition a 155,000 SF former Class A corporate office facility situated on 18.58 acres within the stable and economically diverse Waterloo–Cedar Valley market. Currently underutilized, this two-story campus provides significant flexibility for a wide range of end users, including corporate office occupiers, educational institutions, or residential developers seeking large scale conversion opportunities. The site benefits from immediate proximity to the San Marnan retail corridor and the transformative The BLVD at Crossroads redevelopment (formerly Crossroads Mall site), positioning future owners to leverage robust regional amenities, including retail, dining, entertainment, and civic offerings, along with excellent connectivity to Highway 20 and Interstate 380 for efficient movement of employees and visitors.
Property Taxes
| Parcel Number | 8813-02-301-062 | Improvements Assessment | $1,825,380 |
| Land Assessment | $846,600 | Total Assessment | $2,671,980 |
Property Taxes
Presented by
3451 Hammond Ave
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